Listed Companies Cancel 62 Trillion Won Worth of Treasury Shares, up 156% in One Year… Samsung Electronics Accounts for Half.
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The scale of treasury stock cancellations by domestic listed companies during the third quarter of this year was tallied at 62 trillion won. This represents a 156% increase compared to the total annual amount of treasury stock cancellations last year. According to an analysis by the Corporate Data Research Institute CEO Score on the 14th of 591 companies listed on the KOSPI and KOSDAQ that disclosed treasury stock cancellations over the past thr…
(Seoul = Yonhap News) Reporter Park Cho-rong = The scale of share buybacks by domestic listed companies reached 62 trillion won in the first to third quarters (January to September) of this year.
The scale of treasury stock cancellations by domestic listed companies through the third quarter of this year has approached 62 trillion won.
The scale of treasury stock cancellations by domestic listed companies this year has approached 62 trillion won. This is already approximately 2.6 times the total amount canceled last year. Samsung Electronics and SK Hynix led the expansion of shareholder returns, accounting for more than half of the total cancellation amount. (Graphic provided by CEO Score) On the 14th, the Corporate Data Research Institute CEO Score [reported that] 59 KOSPI an…
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